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Banca Piccolo Credito Valtellinese Sc renews share buy-back; approves share capital increase

Saturday, 12 Apr 2014 10:14am EDT 

Banca Piccolo Credito Valtellinese Sc:Says it renewed the Board’s authorization to purchase and sell treasury shares for a maximum of 10 million shares and a value of 30 million euros, complying with relevant current legislations and regulations in force.Says, in the extraordinary session, the Shareholders’ Meeting, by a considerable majority, approved the share capital increase up to 400 million euros through the issue of ordinary shares to be offered to shareholders in option against payment.